We were only going to move once we found the house that we wanted. We needed the equity out of our current house, in order to buy the next house. This is truly the perfect product for the situation our family was in.
Buy Before You Sell with Flyhomes
Buy your next home before selling the current one, and only move once.
30,000+
In-network loan officers
$2.2B
Total volume of funded loans
6,800+
Homebuyers and sellers empowered*
$6.7B+
Total real estate transaction volume*
Why Buy Before You Sell
Move once, stress less
Buy your new home and move right in without having to sell your current one first. Avoid the hassle of temporary housing, double moves, and storage.Maximize approved loan amount
We place a backup offer on your current home, so your current mortgage won’t count in your debt calculation, helping you qualify for 40-50%** more.Unlock additional down payment
Tap into your home’s equity without selling first, giving you extra funds for down payment or closing costs. Make a winning offer
Make your offer as strong as cash and close in as little as 10 days. Thousands of buyers have won in competitive negotiations with it.Sell for top dollar
While you’re settling into your new home, your preferred real estate agent can get your old home listed for the highest price possible.
How Buy Before You Sell works
1
Know your budgetYour loan officer will partner with Flyhomes Mortgage to review your assets and get you approved for the highest loan amount available.
2
Make a winning offer & move onceMake a strong offer without sales contingency by leveraging Flyhomes Mortgage’s solutions. Move into your new home as soon as you close—no double moves.
3
Sell your old homeWork with your preferred real estate agent to sell your old home for top dollar. Pay off any Flyhomes Mortgage’s bridge loan once it sells.
In their own words
See how our clients were able to buy, sell, and only move once
Flyhomes made it simple, Buy Before You Sell made it simple and with families especially, the ease of getting into your new house before you sell your old place just makes sense.
The whole [Buy Before You Sell] program is very valuable. Without the Flyhomes Cash Offer - I don't think I would have been able to get the house that I was able to.
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Frequently asked questions
What we get asked the most
What’s the cost of Buy Before You Sell?
Contact your loan officer for a detailed cost breakdown.What happens if my old home doesn’t sell?
In the unlikely event that it doesn’t sell within 180 days of closing on your new home, we will step in and purchase it at a pre-agreed price. They will get this home sold at market value, and you will keep any extra proceeds, minus standard transaction costs***.
*Brokerage activities completed by Flyhomes, Inc. since 2016 and do not reflect mortgage loan transactions. Flyhomes Mortgage, LLC is a wholly-owned subsidiary of Flyhomes, Inc.
**Estimate based on a common scenario:
- For both the current and new home, the mortgage balance is 85% of the home’s value.
- The buyer’s income is about 3 times their monthly mortgage payment.
***Standard transaction costs include closing costs, holding costs, and realtor commissions. Flyhomes does not charge additional fees for buying and selling the property.
All Flyhomes Mortgage products are subject to qualification and approval. Terms, interest rates, and conditions may vary based on individual circumstances. Please contact us for more details and to determine eligibility.
Flyhomes Cash Offer requires refinancing the purchase bridge loan into a long-term mortgage. Loan terms, interest rates, and approval are subject to lender qualification. Borrowers should evaluate financial implications before proceeding.